Question
13. Country Kittens is thinking of expanding their operations to include online sales. They expect the upfront costs to be $25 (all numbers are in
13. Country Kittens is thinking of expanding their operations to include online sales. They expect the upfront costs to be $25 (all numbers are in thousands). Then they expect to earn $6 per year for 5 years. What is the projects IRR? a. 15.24% b. 2.34% c. 6.40% d. 11.32% please solve using IRR function in excel show all work
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Foundations Of Financial Markets And Institutions
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
4th Edition
0136135315, 978-0136135319
